£195,595
This estimated value is based upon the latest sale price for the house of £157,000 on 17 Apr 2019. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £157,000 | 17 Apr 2019 |
| £154,950 | 1 Sep 2006 |
| £65,000 | 1 Feb 2002 |
| Detached |
| Freehold |
| Floor Area: 158 sq meters or 1,700 sq feet |
This model uses changes in the Official Land Registry House Price Index for REDCAR AND CLEVELAND to estimate the market value.
When this house was purchased in April 2019 the House Price Index for REDCAR AND CLEVELAND was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.583%.Applying this 24.583% change to the original purchase price of £157,000 results in an estimated price of approximately £195,595.
| 17 Apr 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.583 % | £157,000 | £38,595 | £195,595 |
The Postcode Pricing Model uses changes in average sales price within the TS10 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 41.606 % | £65,321 | £222,321 |
| 3 Month Average | 27.957 % | £43,892 | £200,892 |
| 6 Month Average | 17.044 % | £26,759 | £183,759 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jun 2024 | £95,000 | £95,000 | 7 CONISTON AVENUE |
| 7 Jun 2024 | £140,000 | £140,000 | 2 ONTARIO CRESCENT |
| 25 Mar 2024 | £137,107 | £135,000 | 5 ONTARIO CRESCENT |
| 29 Nov 2023 | £126,717 | £123,500 | 12 HAWKSHEAD ROAD |
| 10 Oct 2023 | £130,975 | £128,000 | 25 LUCERNE ROAD |
This house has a floor area of 158 sq meters or 1,700 sq feet when measured on 30 Jun 2014. Using an estimated price of £195,596 means this house is valued at £1,237 per sq meter (£115 per sq foot).
The average size of a house on LUCERNE ROAD is 93 sq meters (1,007 sq feet).
This house is the largest in the street with a floor area of 158 sq meters (1,700 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Lucerne Road | |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lucerne Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lucerne Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lucerne Road |
| Jul 2024 | Anti-social behaviour | On or near Crummock Road |